Industry Financial services Area served China Founded 22 December 1987 Ceased operations 2012 | Traded as SZSE: 000001 Defunct 2012 Headquarters Shenzhen, China | |
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Fate reserve merger with Ping An Bank Stock price 000001 (SHE) CN„ 9.17 +0.09 (+0.99%)31 Mar, 3:59 PM GMT+8 - Disclaimer |
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Shenzhen Development Bank Co., Ltd. was a bank based in Shenzhen, Guangdong, China, listed on the Shenzhen Stock Exchange.
Ping An Insurance bought the controlling stake in Shenzhen Development Bank in 2011, from Newbridge Capital (16.76%) and from the general public, as well as subscribing new share by injecting Ping An Bank into Shenzhen Development Bank as its subsidiary.
In 2012, the bank was reserved merger with Ping An Bank.
References
Shenzhen Development Bank Wikipedia(Text) CC BY-SA